4, SCHOORL CLOSE, HADLEIGH, IPSWICH, IP7 5SP - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 SCHOORL CLOSE is a small extended detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £369,407. It was last sold for £315,000 in February 2019, which was around 25% below the average February 2019 detached price in the Babergh local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

4 SCHOORL CLOSE Sold Prices

Land registry data shows four sales for 4 SCHOORL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the four 4 SCHOORL CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 27 FEB	£315,000	£417,418	25% below HPI
2005 17 MAY	£198,000	£254,893	22% below HPI
1997 20 AUG	£75,000	£98,185	24% below HPI
1996 21 JUN	£63,000	£84,885	26% below HPI

4 SCHOORL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The four 4 SCHOORL CLOSE sales between June 1996 and February 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 SCHOORL CLOSE be worth now?

4 SCHOORL CLOSE might now be worth an estimated £369,407.

This is based on house price inflation of 17.3%, between February 2019 and February 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.3% inflationary increase is applied to the most recent sale price for 4 SCHOORL CLOSE of £315,000 on 27th February 2019. For the value to have increased from £315,000 to £369,407 over the six years to February 2025, the following assumptions must hold true:

• The value of 4 SCHOORL CLOSE has moved in line with the HPI for detached houses in the Babergh local authority area.
• The February 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SCHOORL CLOSE has not materially changed since February 2019.

How Large is 4 SCHOORL CLOSE?

4 SCHOORL CLOSE is 93m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of detached houses houses in Hadleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hadleigh, and where 4 SCHOORL CLOSE lies on this distribution: 25% of detached houses houses are smaller than 4 SCHOORL CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Hadleigh.

4 SCHOORL CLOSE: Plot and Title Map

4 SCHOORL CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 4 SCHOORL CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 SCHOORL CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 SCHOORL CLOSE?

4 SCHOORL CLOSE is located in HADLEIGH, in the IP7 postcode district. The below map shows the position of No. 4 on SCHOORL CLOSE.